-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...
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Statement of intentions
-The Hindu Business Line NITI Aayog’s document sets out economic goals, but there’s no roadmap The NITI Aayog’s Strategy for New India @75 lays out a checklist of priorities for economic policy-makers over the next three years. It sets out as an immediate priority, the ramping up of the investment rate to 36 per cent of the GDP by 2022, from 29 per cent at present in order to hit a growth...
More »Stunted, wasted: on Global Nutrition Report 2018
-The Hindu The national framework to improve nutrition for children must be upgraded on priority The health, longevity and well-being of Indians has improved since Independence, and the high levels of economic growth over the past two-and-half-decades have made more funds available to spend on the social sector. Yet, the reality is that a third of the world’s stunted children under five — an estimated 46.6 million who have low height for...
More »How can small farmers' income be increased? -Yogesh Upadhyaya
-IndiaWaterPortal.org Here is a look at the challenges faced by small farmers in India and how they can be dealt with. As per the agricultural statistics of 2014, nearly 430 people depend on farming in India while 263 million people are either farmers or agricultural workers. Farmers are major contributors to the growth of Indian economy and their concerns impact policies in the country. Nearly 87 percent of farmers in India...
More »Jean Dreze, development economist, interviewed by G Sampath (The Hindu)
-The Hindu The Indian education system would be a good place to start with reforms, says the development economist Jean Drèze is possibly the world’s most famous Belgian-Indian. He has lived in India since 1979, and is an Indian citizen. As a development economist and activist, he has helped draft some startlingly pro-people legislations, such as the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, and the National Food Security Act, 2013....
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